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26/05/22
23:28
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Originally posted by justreading:
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Yeah ok thanks for that Fawaz. Looking at course of sales that went through at 11:53 appears only circa 200k were traded. Hard to know what to make of that? Perhaps a seller testing the waters to see if they could get out as someone posted above. Didn't cause a panic fuelled selloff but did illicit some selling at 14 and 13.5. Could be anything. Fear of a cap raising Frustration. Need of funds in a hurry but reluctant to sell below 14.5 Manipulation See further downside Hard to know. People sell for many reasons but only buy for one. They think the share price will go higher. See what tomorrow brings. Interesting that asx order precluded the cxa? You would think one seller just sell through the one platform, unless asx order triggered the cxa order on a certain ratio ie 5:1 Annoying but that's the market at times. Frustrating the delays have been to kick the diamond drilling off.
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It is complete manipulation of the stock and coincides exactly with the appointment to the board of Parekh! Why did it take so long for them to appoint him to the board?